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North American e-bike regulations allow a higher power limit of 750W, which has resulted in an amazingly diverse field of super powerful e-bikes. However, that also means there’s a push towards the extra heavy end of the spectrum. But as a nice break from the race to more power, now that I’ve been testing the lightweight Ride1Up Roadster V3 for several weeks, I’m glad to finally be back on a lighter and more efficient ride that reminds me of the simpler times.

Ride1Up Roadster V3 Video Review

Ride1Up Roadster V3 Tech Specs

  • Motor: 500W and 50Nm rear hub motor from MiVice
  • Top speed: 28 mph (45 km/h) on pedal assist or 20 mph (32 km/h) on throttle
  • Range: 20-40 miles (32-64 km)
  • Battery: 36V 10Ah (360Wh) UL-certified with Samsung 50GB cells
  • Weight: 39 lb (17.7 kg)
  • Load Capacity: 300 lb (136 kg)
  • Frame: Aluminum alloy 6061
  • Brakes: Tektro hydraulic dual-piston disc brakes
  • Extras: Available as single-speed Dayco belt drive or 10-speed with Shimano Deore drivetrain, new color LCD display with built-in throttle and speedometer, battery gauge, PAS level indicator, three frame sizes available and a wide range of accessories
  • Price$1,295 
ride1up Roadster V3

Light and efficient

The Ride1Up Roadster V3 feels like a return to classic cycling, but on an e-bike. That means you don’t get massive rubber and unlimited watts to shred that rubber, and instead you’ve got a bike that looks a lot more like what your parents probably rode back in the day (or at least what MY parents rode).

It’s a basic-looking diamond frame without many obvious thrills beyond the beautifully smoothed welds and minimalist design. But if you look a bit deeper, you’ll find a number of major improvements.

First off, the electric system is completely overhauled compared to the Roadster V2. This time we’ve got a new MiVice motor, which is a much higher quality piece of gear. I visited the Mivice factory earlier this year, and their dedication to precision and quality manufacturing is impressive.

The bike also benefits from Mivice’s torque sensor and controller, adding even more quality electronics to the bike. While 500W might not sound like much compared to today’s 500W e-bikes, it feels much more powerful on such a lightweight e-bike. And ultimately, this bike is designed for commuting, not racing, so the medium power level is fitting.

The battery gets a big upgrade too, with nearly 50% more capacity. The new 360Wh battery will offer nearly 40 miles (64 km) of range on pedal assist, though not if you’re flying at the top speed of 28 mph (45 km/h) all the time.

If you use the new throttle, which is slickly built into the handlebar display, you might find that a range of closer to 15-20 miles is achievable under less-than-ideal conditions (and a bit more if you ride slower or more efficiently with occasional pedaling). The best way to ride the bike, in my opinion, is with a combination of throttle and pedal assist. The torque sensor makes it a dream to pedal, but I’ll admit to being happy to have that throttle at times when I’m not feeling my strongest.

I’m glad to see that the battery is UL-certified too, since this is becoming a key litmus test for many riders who want to ensure the battery meets higher safety standards.

We’ve got a choice in pedal drivetrains between two slick options. I’ve been testing the single-speed belt drive setup that uses a Dayco belt, but you can also opt for a 10-speed with a Shimano Deore transmission.

I like single-speed e-bikes (likely because I live in a flat coastal area), but I understand that many folks don’t want to be stuck to a single gear ratio – especially not at the bottom of a hill. The throttle is helpful for those times that you long for a lower gear, and so I think the belt drive will actually be sufficient for many people. But it’s still nice to know that the 10-speed option is there for those who really want the option to shift.

And those folks will be happy to see a good quality transmission too, not some bottom basement hardware that simply fulfills the role. That Shimano Deore setup is going to stay in tune better and lead to less maintenance over time, though the belt drive is of course the even lower maintenance option.

The included hydraulic disc brakes also mean less routine maintenance since you don’t have to occasionally adjust your brake cables due to stretch. Hydraulic brakes basically stay tuned until you’ve finally worn out the pads and need to replace them, which will eventually happen on mechanical disc brakes too, but the latter has a lot more maintenance required before you get to that step. Sure, one day you may need to top up or swap fluid, but that’s a long way away for most people – and some people may never ride their bike long enough to ever need to worry about that step.

For the price of $1,295, you’re getting some incredible value here. A lightweight, torque sensor-enabled 28 mph e-bike with a quality transmission or a belt-drive single-speed setup from a major manufacturer, key safety compliance, and free shipping—that’s a lot of bang for your buck!

And the fact that there are also three frame sizes available for a better fit, plus two different colors, are both key upgrades you won’t find from several other value-priced commuter e-bikes.

That being said, no e-bike is perfect and that includes the new Ride1Up Roadster V3. Below are a few of my complaints.

What are the downsides of the Ride1Up Roadster V3?

I always loved how lightweight the Roadster series has been, but I was surprised to find that the V3 got a bit chunkier this time. At 39 lb, it’s still very lightweight compared to most e-bikes on the market, but the previous model was around 5 lb lighter and so you tend to miss the old model’s lower weight on your shoulder when carrying it up a flight of stairs or onto a subway, for example.

On the other hand, I know where that weight came from, and I accept it. In the past, I pined for more battery (and to make it removable), included LED lights, included fenders, and other features that would improve the bike’s usability. Now that they’ve given me all of that, I can’t really complain about the weight that comes along with those components, can I?

Of course the bike also lacks suspension, which I don’t really mind personally, but I know will be a deal breaker for some folks who tend to remind me how important that is for riders without the same vertebrae integrity they had in their youth. Sure, I understand that. And that’s why I’m glad there are so many e-bike styles out there today so folks can choose the one that fits them and their type of riding best. This is definitely not a bike for someone who wants fatter tires and built-in suspension, that’s for sure. This is a lightweight and speedy commuter that has a bit of a hard saddle for a rider who’s used to a bit of a harder ride than those comfortable cruisers can offer.

Sum it all up for me?

In short, the Ride1Up Roadster V3 is an excellent choice for someone who wants a fairly lightweight and medium powered electric bike, and also wants some pretty darn good components for the price.

It won’t rival a Specialized or a Trek, but it also costs a small fraction of the price of those nicer brands, while still giving riders good quality components.

The bike is well made and rides like some real thought was put into it – which is becoming a rarity these days among value-priced brands known for cutting corners on design. The bike even rides incredibly well hands-free, which is a hallmark of proper geometry and design.

It might leave some folks wanting more, especially those who have gotten used to maxing out the allowable performance limits of North American e-bikes, but I’m happy to ride the bike at modest power levels and torque figures because it just feels like the kind of ride I want on a relaxing commute, not on a furious race to work. There are other bikes with more power and bigger batteries, and you should choose one of those if that’s your goal. The Ride1Up Roadster V3 bike is meant more for a rider who puts a premium on design, handling, components, and, above all else, value.

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Memorial Day deals are here: These EVs you can snag for under $300 a month

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Memorial Day deals are here: These EVs you can snag for under 0 a month

Forget the patio set. This Memorial Day, the real deals are on EVs. While some savings, including the $7,500 federal EV tax credit, could soon disappear, there’s still time to take advantage of the discounts. We rounded up all the EVs you can lease right now for under $300 a month.

Best EV lease deals this Memorial Day

After a record year with over 1.3 million EVs sold in the US in 2024, several new models arrived this year, giving you more options than ever.

Nearly 300,0000 electric vehicles were sold in the first three months of the year. New Acura, Chevy, Honda, and Porsche EVs helped drive sales higher.

General Motors sold over 30,000 EVs in Q1, surpassing Ford and Hyundai Motors to become the second-best seller of EVs behind Tesla. Chevy is now the fastest-growing EV brand with the new Equinox, Blazer, and Silverado EVs sparking growth.

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Honda and Acura are getting into the game, selling over 14,000 EVs in the US in the first quarter, which is up from zero just a year ago.

According to S&P Global Mobility (via Automotive News), new models, including the Honda Prologue and Chevy Equinox EV, pushed EV registrations up 20% in March. Both are available to lease for under $300 this month.

Cheapest-EVs-lease-March
Hyundai’s new 2025 IONIQ 5 Limited with a Tesla NACS port (Source: Hyundai)

Hyundai and Kia Memorial EV lease deals

Lease From Term
(months)
Due at Signing Effective rate per month
(including upfront fees)
2025 Kia Niro EV $129 24 $3,999 $295
2024 Kia EV6 $179 24 $3,999 $345
2025 Hyundai IONIQ 5 $209 24 $3,999 $375
2025 Hyundai IONIQ 6 $169 24 $3,999 $335

Kia and Hyundai continue to offer some of the most affordable, efficient electric vehicles on the market. The Niro EV is one of the cheapest EVs you can lease in May at just $129 per month.

The new 2025 IONIQ 5, now with more range and a Tesla NACS charging port, and the IONIQ 6 are arriving with significant discounts.

Last month, Hyundai launched a promo giving those who buy or lease a new 2024 or 2025 model year IONIQ 5 or IONIQ 6 a free ChargePoint Level 2 home charger. If you already have one, you can also opt for a $400 public charging credit.

Cheapest-EVs-lease-March
2024 Honda Prologue Elite (Source: Honda)

Honda Prologue and Acura ZDX

Lease From Term
(months)
Due at Signing Effective rate per month
(including upfront fees)
2024 Honda Prologue $239 36 $1,399 $335
2024 Acura ZDX $299 24 $2,999 $424

Honda’s electric SUV is on a hot streak. In the second half of 2024, the Prologue was the second-best-selling electric SUV behind the Tesla Model Y. Through April, Honda’s electric SUV remained a top seller with nearly 11,500 models sold.

With an ultra-low lease rate of just $239 per month, the Prologue is even more affordable than a Civic this month. No wonder sales are surging.

Honda launched the 2025 model earlier this month, which now offers more range (up to 308 miles) and power, but retains the same low starting price.

This Memorial Day, Acura’s luxury electric SUV is one of the best EV deals and is actually cheaper to lease than the Honda CR-V. The ZDX can be leased for as low as $299 for 24 months. With only $2,999 due at signing, the effective cost is just $424 per month. In some states, ZDX discounts reach as high as $28,000, also making it more affordable than a Civic to lease this month.

Cheapest-EVs-lease-March
Chevy Equinox EV LT (Source: GM)

Chevy Blazer and Equinox EVs

Lease From Term
(months)
Due at Signing Effective rate per month
(including upfront fees)
2024 Chevy Equinox EV $299 24 $3,169 $431
2025 Chevy Equinox EV $289 24 $2,399 $389
2024 Chevy Blazer EV $299 24 $3,879 $461

Chevy’s new electric SUVs are quickly rolling out. The electric Equinox was among the top five best-selling EVs in the final three months of 2024. Both can be leased for under $300 a month this Memorial Day. The Blazer EV is still slightly more expensive, at $3,879. Keep in mind that the Blazer EV deal also includes a $1,000 trade-in bonus.

The electric Equinox SUV, or “America’s most affordable +315 miles range EV,” as Chevy calls it, is even cheaper than the gas model this month with up to $8,500 in savings.

Chevy’s new 2025 Equinox is even more affordable at just $289 for 24 months. With $2,399 due at signing, you’ll pay only $389 per month.

Cheapest-EVs-lease-March
Ford Mustang Mach-E (left) and F-150 Lightning (right) (Source: Ford)

Ford F-150 Lightning and Mustang Mach-E

Lease From Term
(months)
Due at Signing Effective rate per month
(including upfront fees)
2024 Ford Mustang Mach-E $213 36 $4,462 $337
2024 Ford F-150 Lightning $233 24 $6,792 $421

Ford’s F-150 Lightning overtook the Tesla Cybertruck to regain its title as America’s best-selling electric pickup in March. The Mach-E remains one of the top-selling EVs with over 14,500 models sold through April.

Ford is sweetening the deal with a free Level 2 home charger for any EV purchase or lease through its “Power Promise,” along with a host of other benefits.

Cheapest-EVs-lease-March
2024 Subaru Solterra (Source: Subaru)

Toyota bZ4X and Subaru Solterra

Lease From Term
(months)
Due at Signing Effective rate per month
(including upfront fees)
2025 Toyota bZ4X $259 36 $2,999 $342
2024 Subaru Solterra $279 36 $279 $287
2025 Subaru Solterra $299 36 $299 $307

Japanese automakers are starting to find their rhythm. Toyota bZ4X and Subaru Solterra sales are finally picking up. With an effective cost of only $287 per month, the Solterra may be the better option this month, especially with its standard AWD.

After cutting lease prices this month, the 2025 Subaru Solterra is now listed at just $299 for 36 months. With $299 due at signing, the effective monthly cost is only $307.

Other EV lease Deals at under $300 this Memorial Day

Lease From Term
(months)
Due at Signing Effective rate per month
(including upfront fees)
2025 Nissan LEAF $259 36 $2,279 $322
2025 Nissan Ariya $129 36 $4,409 $251
Fiat 500e $159 24 $1,999 $242

In some states, Nissan is offering Ariya lease prices as low as $129 for 36 months. That’s with $4,409 due at signing for an effective cost of $251. For an electric SUV with an MSRP of nearly $42,000, that’s a steal.

Some of these rates may vary by region. The $239 per month Honda Prologue lease deal is offered in California and other ZEV states. Acura’s $299 ZDX promo is only available in California, New York, Oregon, and other select states.

In other parts of the country, the Prologue is still listed at just $269 per month for 36 months. With $3,199 due at signing, the effective monthly cost is still just $358. However, a $1,000 conquest or loyalty offer can lower monthly payments to around $330.

Trump’s “Big Beautiful Bill Act” was passed by House Republicans on Thursday, essentially ending the $7,500 EV tax credit and other clean energy incentives. By the end of 2025, automakers that have delivered over 200,000 electric vehicles in the US will lose access. In other words, they won’t be able to pass it on to you, the buyer.

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Wheel-E Podcast: Velotric Nomax 2X, Meepo Flow test, more

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Wheel-E Podcast: Velotric Nomax 2X, Meepo Flow test, more

This week on Electrek’s Wheel-E podcast, we discuss the most popular news stories from the world of electric bikes and other nontraditional electric vehicles. This time, that includes a new launch of a full-suspension e-bike from Velotric, Yamaha-backed company’s plan for battery swapping in electric bicycles, buying a super-cheap e-bike from China, testing the Meepo Flow electric skateboard, PodBike closes its doors, the impending launch of the Royal Enfield Flying Flea electric motorcycle, and more.

The Wheel-E podcast returns every two weeks on Electrek’s YouTube channel, Facebook, Linkedin, and Twitter.

As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in.

After the show ends, the video will be archived on YouTube and the audio on all your favorite podcast apps:

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We also have a Patreon if you want to help us to avoid more ads and invest more in our content. We have some awesome gifts for our Patreons and more coming.

Here are a few of the articles that we will discuss during the Wheel-E podcast today:

Here’s the live stream for today’s episode starting at 8:00 a.m. ET (or the video after 9:00 a.m. ET):

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Bye-bye buybacks? Big Oil’s record-breaking shareholder payouts are under threat

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Bye-bye buybacks? Big Oil's record-breaking shareholder payouts are under threat

Oil prices held near two-week highs in early trading on Wednesday, supported by an agreement between the U.S. and China to temporarily lower their reciprocal tariffs and a falling U.S. dollar.

Imaginima | E+ | Getty Images

A protracted slump in crude prices has ramped up the pressure on Big Oil’s commitment to allocate cash to shareholders.

Western energy supermajors have long sought to return cash to investors through buyback programs and dividends to keep their shareholders happy. Energy executives have also expressed confidence that they can continue to reward investors following a relatively robust set of first-quarter earnings.

Some analysts, however, are less convinced about Big Oil’s pledge to return ever-higher shareholder returns, citing already stretched balance sheets and a sharp drop in crude prices.

Oil prices have fallen more than 12% year-to-date amid persistent demand concerns and U.S. President Donald Trump’s back-and-forth trade policy.

Espen Erlingsen, head of upstream research at consultancy Rystad Energy, said recent market volatility has left the energy majors with “few economically attractive options” that allow for reinvestment while maintaining a competitive capital returns framework.

“As companies like Shell and ExxonMobil continue to push ahead with large-scale buyback programs despite shrinking cash inflows, the durability of these strategies is in question. For now, the majors are holding the line. But if oil prices remain depressed, adjustments may be inevitable,” Erlingsen said in a research note published Thursday.

Share buybacks, which are typically more flexible than dividends, are “likely to be the first lever pulled,” he added. In that vein, weaker crude prices mean energy majors will have less cash to return to shareholders.

BP logo is seen at a gas station in this illustration photo taken in Poland on March 15, 2025.

Nurphoto | Nurphoto | Getty Images

Investor concern over the sustainability of Big Oil’s shareholder returns comes after a year of record-breaking payouts.

Analysts at Rystad said total shareholder rewards from the likes of Shell, BP, TotalEnergies, Eni, Exxon Mobil and Chevron climbed to a whopping $119 billion in 2024, beating the previous record set in 2023.

The payout ratio, which refers to shareholder payouts as a share of corporate cash flow from operations (CFFO), meanwhile jumped up to 56% last year, Rystad said. That was well above the 30% to 40% range that was typical for the industry from 2012 through to 2022, the analysts added.

If shareholder payouts were to remain at 2024 levels throughout 2025, Rystad said this would imply companies distribute more than 80% of their cash flow to investors. The estimate was based on Big Oil’s first-quarter CFFO as a proxy for full-year performance.

Point of maximum weakness

For European majors, analysts at Bank of America said at the start of the year in a note entitled “bye-bye buybacks?” that it anticipated cuts in such returns, from companies whose balance sheets were already stretched.

The Wall Street bank cited BP, Repsol and Eni at the time. It added that only Shell, TotalEnergies and Equinor were among the regional players likely to keep their respective 2025 buyback run-rates intact.

Spokespersons for Repsol and Eni were not immediately available to comment when contacted by CNBC.

So far, BP is the only European energy major to have trimmed its buyback run-rate. The beleaguered British oil company last month posted a sharp fall in first-quarter profit and reduced its share buyback to $750 million, down from $1.75 billion in the prior quarter.

BP, which has been the subject of intense takeover speculation, also reported significantly lower cash flow and rising net debt for the first quarter.

BP’s future is bright — if it can get through the next 6 months, analyst says

Lydia Rainforth, head of European energy, equity research at Barclays, said BP’s future appears to be “really bright” — on the condition that the company can get through the next six months.

“If I think about when is that point of maximum weakness for BP, it is over the next six months, ultimately. Debt continues to go up a little bit, production continues to fall until mid-2026,” Rainforth told CNBC’s Steve Sedgwick on Thursday.

“As I get towards the end of the year, hopefully we’ll see that sum of divestments taking down debt. Things like … selling their lubricants business, that could raise between $12 billion to $15 billion. It brings down debt, you start to see the benefit of cost savings coming through, and then production growth starts kicking in next year,” she added.

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